York Insurance Services Group announced today that its Specialized Loss Adjusting division has acquired the North American specialist adjusting business of London-based Axis International Loss Adjusters and Surveyors.
The price of the deal was not disclosed, but the Parsippany, N.J.-based third-party administrator said the deal includes a strategic alliance whereby Axis will refer to York any U.S. business developed as a result of its international operations.
The acquisition includes Axis' U.S. operations, which perform specialized adjusting services aimed at the commercial property-casualty and energy sectors, as well as other niche areas, with locations in Austin, Boston, Dallas, Hartford, Houston, San Antonio and East Texas/Louisiana, York said.
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